FASTag will hasten road assets sale, says NHAI
Foreign pension funds and private equity funds were showing more interest in India’s highway road assets within the infrastructure space given the policy issues involved with various states in other infrastructure asset classes, Asheesh Sharma, member (finance), the National Highways Authority of India (NHAI) said.
China plans to launch its own digital currency
China's central bank - the People's Bank of China (PBC) - has stepped up efforts to roll out i...
Not many new players will enter UPI space: Report
The report also came out with a list of top-30 fintech influencers, which includes Niti Aay...
Suspension of SMS facility in Kashmir affects services of several sectors
"We used to get details like balance, statement, credit or debit details through the SMSes, but since four months, we have not been receiving them. This has caused a lot of inconvenience as we depended on these services," Owais Ahmad, a resident of Ganderbal said.
Innoviti brings on board former Croma executive as chief business officer
Taware’s appointment reaffirms the company’s goal of building a world-class payments company by bringing senior talent from user industries to strengthen its expanding eco-system of payments-linked value-added services for retail merchants.
Data is national asset, it must be protected; digital nationalism need of the hour: SJM
"Data should not only be stored within geographical limits of India, but must also be computed here.Data is a national asset; it may be commercial, strategic or even elementary.Data must be protected," Mahajan said.
RBI to introduce new prepaid payment instrument for digital transactions up to Rs 10,000
RBI proposed to introduce a new type of prepaid payment instruments (PPIs) which can be used only for the purchase of goods and services up to a limit of Rs 10,000. You can load/re-load such PPI only from a bank account to pay your bills.
Zeta appoints Visa's top executive as president of its banking business
“Zeta’s platform will enable banks and fintechs to create and launch digital-first financial products with support for mobile payments, various payment networks, NCMC (national common mobility card) and much more,” said Nair.
LIC waives off charges on credit card payments
LIC has said that any credit card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from December 1.
Startup investors writing more $100 million cheques this year
With the rush of capital and new types of investors coming in, venture capitalists said the time taken for startups to grow their business and rack up $100 million in funding has also shrunk over the past few years.
HDFC Bank’s Net banking, mobile app still down. Here's how to make credit card payments
Alternate channels to make credit card payments include ATM funds transfer, NEFT funds transfer using other bank accounts, over the counter cash payments (i.e., from a bank branch), cheque payments and autopay.
RBI investigating 'net banking' breakdown at HDFC Bank
Following the outage, several HDFC customers were unable to access their salary accounts to make bill payments.
India's cybersecurity market to touch USD 3 bn by 2022: PwC-DSCI report
The transaction value of digital payments in India is estimated to grow annually at a rate of 20.2 per cent from about USD 64.8 billion in 2019 to USD 135.2 billion in 2023, the report by PwC India and Data Security Council of India said. Digital growth, rising cyber-attacks, and stringent regulatory mandates are the three main factors driving the market.
BPCL rolls out digital fuelling initiative
Bharat Petroleum Corporation Ltd. launched the NextGen Digital Fuelling Initiatives for BPCL Fuel Stations, part of the Pure for Sure programme launched by the company in 2001, at a retail outlet here which is aimed at providing greater transparency and building customer trust.
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